Silver Wheaton Corp. (TSX:SLW)(NYSE:SLW) is a precious metals streamer. This means that, essentially, Silver Wheaton provides upfront financing for traditional metal producers to set up and begin mining operations.
From its lows set earlier this year, Silver Wheaton Corp. (TSX:SLW)(NYSE:SLW) stock has more than tripled. Shares have retreated by a few bucks over the last few weeks, but there's no doubt that investors have boosted their expectations for future returns.
Silver Wheaton (NYSE:SLW) calls itself the world's largest precious metals streaming company -- and justly so: It clearly ranks ahead of competitors Royal Gold (NASDAQ:RGLD) and Franco-Nevada (NYSE:FNV) in size.